How do I figure about the chart??

Fill in options: 1. -absorption costing - variable costing

2. - fixed costs that are expensed in absorption costing, but contained in inventory under variable costing - fixed costs that are expensed in variable costing, but contained in inventory under absorption costing

3. - contained in the inventory - expensed as a period cost

4. - contained in the inventory - expensed as a period cost

Additional Information:

Game Play manufactures video games that it sells for $39 each. The company uses a fixed manufacturing overhead allocation rate of $6 per game. Assume all costs and production levels are exactly as planned. The following data are from Game Play's first two months in business during 2018: EEB (Click the icon to view the data.) Read the requirements. Requirement 4. Determine the balance in Finished Goods Inventory on October 31 and November 30 under absorption costing and variable costing Compare the differences in inventory balances and the differences in operating income. Explain the differences in inventory balances based on absorption costing versus variable costing October 31, 2018 November 30, 2018 Absorption Variable Absorption Variable costing in costing costing costing Finished Goods Inventory The higher inventory balance under is representative of the co Under absorption costing, the difference in the product cost per game is V. whereas under variable costing, the difference in the product cost per game is Choose from any list or enter any number in the input fields and then continue to the next question. O Type here to search